Key Trends in Compensation

Date: Tuesday, January 4, 2022
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Presenter: Michael D. Frizzell, Principal Consultant and Owner, MDF HR Consulting
Moderator: Bill Erlenbush, CPA, Director of Education, NSAC
Learning Objectives:
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Field of Study: Personnel/Human Resources
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.
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Course Description

During the midst of the Covid-19 pandemic, HR has played a pivotal role in steering the direction of coops. However, with this demand comes new challenges and responsibilities. Compensation managers are now struggling to determine a measured response for managing costs, while still attracting and retaining employees. In this session, attendees will explore emerging trends in compensation, as well as warning signs that their compensation system needs an update. Participants will walk away with insight into the current labor market climate, and discover new ways they can appeal to current and prospective employees by remaining competitive and current.

Presenter and Moderator Bios

Presenter: Michael D. Frizzell, Principal Consultant and Owner, MDF HR Consulting

Michael Frizzell, Principal Consultant and Owner, MDF Human Resources Consulting Frizzell has been serving the Electric Cooperative program for the last two decades. He provides custom Human Resources solutions to cooperatives ranging from 13 to over 400 employees. His services include but are not limited to Compensation Systems, Automated Performance Management, Group Incentive Plans, Executive Compensation, and Strategic Planning. Since 2001 he has provided services to over 200 systems in 37 states. Prior to serving the cooperative market, he was consultant primarily serving government entities. During that time he worked with federal agencies including: Department of Defense, Internal Revenue Service, Department of Agriculture, and the Federal Emergency Management Agency. He has also been a Human Resources manager in various industries including Publishing; State Government; and High Technology. He holds a Master’s degree in Industrial / Organizational Psychology, and a Bachelor’s in Psychology and Human Resources Management. When not crossing the country serving clients he resides in Winston-Salem, NC with his wife of 33 years Jolynn. Bill Erlenbush, CPA, NSAC Director of Education Bill Erlenbush spent his entire career working in cooperative accounting at GROWMARK. His work experience includes all aspects of order control and billing, accounts receivable/payable, financial accounting, and tax. As compliance officer, he had responsibility for the administration of the compliance and ethics program at GROWMARK and its subsidiaries and retail divisions. In addition, he was been involved in negotiating major acquisitions for GROWMARK. His educational background includes a Bachelor of Science degree in Accountancy from the University of Illinois and an MBA from Illinois State University. He is a Certified Public Accountant. Bill is an active member in many industry, professional, and community organizations. He is past president of the Mclean County United Way Board of Directors as well as the past president of the Heartland Community College Foundation Board of Directors.

Moderator: Bill Erlenbush, CPA, Director of Education, NSAC

Cost
Free for NSAC Members / $56.00 for Non-Members

Delivery System

• All programs are delivered using the Zoom platform.
• Confirmations will include log-in instructions.
• Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
• All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
• There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

Refund Policy

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.